2
QuizMultiple Choice

Investment Strategies — Unit test

Question 2 • * HSA 26-27 Economics

What’s the first step of purchasing insurance?

Answer
c
contacting a company or an agent
s
signing a contract with a company
s
shopping around for the best deal
r
receiving proof of an insurance policy

Explanation

The first step is to compare insurance options so you can find coverage and a price that fit your needs. After shopping around, you can contact a company or agent, sign a contract, and receive proof of the policy. So the correct choice is “shopping around for the best deal.”

AI-written and checked against the verified answer.

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